DAO might become the next big opportunity for entrepreneurs in 2022.Over the past couple of years, crypto fanatics have collectively poured over their money to gain maximized profits. Crypto technologies have grown exponentially over the past couple of decades to grab the attention of more crypto investors. The creation of DAO is also one such … Read more
The New Year has started with a sharp fall in the price of bitcoin – and some intriguing stories surrounding the Swiss cryptocurrency scene. This content was published on January 10, 2022 – 08:00 January 10, 2022 – 08:00 Matthew Allen When not covering fintech, cryptocurrencies, blockchain, banks and trade, swissinfo.ch’s business correspondent can be found … Read more
India has historically invested heavily in science and technology, and created a digital society by providing increased access to the Internet. The country is poised to be a leader within blockchain and crypto. Besides banking and financial services, blockchain can increase efficiency of land ownership deeds, supply chain, agriculture, and corporate sustainability.Innovations At Breakneck SpeedWith … Read more
Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for investors. “2021 has been a stop-start year for crypto and DeFi, as regulatory bodies have not clarified their stance on the industry. This has held back the retail population from … Read more
The UK’s crypto lobby has stepped up its influence in Westminster with the launch of a cross-party group of lawmakers, as politicians on both sides of the Atlantic intensify efforts to regulate growing digital asset markets. The Crypto and Digital Assets Group, composed of UK MPs and members of the House of Lords, will work … Read more
Beginning in February, Estonia is set to introduce sweeping changes to its definition of Virtual Asset Service Providers, or VASPs, to include several cryptocurrency-related services — a move that could impact Bitcoin (BTC) ownership in the country — according to European compliance specialist Sumsub.On Sept. 21, the Estonian Ministry of Finance published a draft bill … Read more
Cryptocurrency players have suggested dual licences for different types of crypto exchanges. Fiat on-ramp exchanges, which allow people to convert crypto into rupees and vice-versa, require separate rules and regulations from crypto wallets or exchanges, which only allow trading within the crypto universe, industry stakeholders said. “We strongly support a hybrid regulatory body under RBI … Read more
The speed at which scientists worked to develop the first Covid jabs was unprecedented. Just nine months after the UK went into lockdown, 90-year-old Margaret Keenan officially became the first person in the world outside a trial to receive the Pfizer/BioNTech vaccine. But the virus is mutating, and the emergence of the Omicron variant last … Read more
Y- 5 is the only Token to reward its holders in multiple Yield Generation tokens and Binance Pegged BUSD. It is establishing a new standard in Defi Tokenomics with its game-changing Token distribution strategy.Manchester, United Kingdom, Dec. 02, 2021 (GLOBE NEWSWIRE) –Y-5 Token is the first of its kind to offer reflections from up to … Read more
While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter.China’s most recent crypto ban would not significantly affect local crypto media sources as there are a number of ways to disseminate industry information, according to an executive at one … Read more
Haim Israel – a strategist at Bank of America – believes the metaverse will create huge opportunities for blockchain technology. It will also cause digital assets to start being employed widely for financial transactions. Nonetheless, private tokens are too volatile, and stablecoins like Tether (USDT) and USD Coin (USDC) are more likely to prevail, he … Read more
When Paris Saint-Germain signed Lionel Messi, the salary package included something previously unheard of for a player — a one-off payment, understood to be worth around one million euros ($1.15m), made in PSG ‘fan tokens’. It was the result of a partnership signed by the French giants in 2018 with Socios.com which sees fans use … Read more
When Paris Saint-Germain signed Lionel Messi, the salary package included something previously unheard of for a player — a one-off payment, understood to be worth around one million euros ($1.15m), made in PSG ‘fan tokens’. It was the result of a partnership signed by the French giants in 2018 with Socios.com which sees fans use … Read more
A parliamentary committee on finance is likely to hold a meeting of top stakeholders of the crypto industry on Monday, according to multiple reports. The meeting, reported to be a closed-door one, will have participants from top crypto exchanges, members of the Blockchain and Crypto Assets Council (BACC) among others. {{^userSubscribed}} {{/userSubscribed}} This is the … Read more
DUBAI, united Arab Emirates (AP) — Dubai’s biennial Air Show opened Sunday to a world still reeling from the pandemic and an aviation industry hard-hit by the coronavirus, but on the mend.Boeing and Airbus have traditionally been the stars of the aviation trade show, competing for multibillion-dollar Gulf-based airline purchases and hammering out final details … Read more
Song Chi-hyung, founder of Dunamu. FILIP PERAIC Two of the largest shareholders in Dunamu, the operator of South Korea’s dominant cryptocurrency exchange, are the first two people in the country from the crypto industry to become billionaires as the value of their startup skyrocketed 21-fold in less than a year. Last week, Hybe, the agency … Read more
Ozlem Demirboga Carr is not really into all that woo‑woo stuff. “I’m definitely a full-science kind of person,” says the 41-year-old telecoms worker from Reading. She doesn’t believe in crystals, affirmations or salt lamps. But she did find herself unusually anxious during the UK’s Covid lockdown in March 2020 and, like many people, decided to … Read more
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company … Read more
As the Covid-19 pandemic swept towards the UK, a senior employee of the healthcare firm Randox addressed an audience of horse racing royalty, gathered amid the neoclassical splendour of Liverpool’s St George’s Hall.Randox, which had garnered a role within the “sport of kings” via its sponsorship of the Grand National, had developed a test for … Read more
Not all exchange operators were enthused with the move. Adrian Przelozny, CEO of Independent Reserve, which recently secured a licence to operate in Singapore, said it was frustrating to see CBA partner with an exchange based abroad – Gemini is a United States company – rather than an operator in the local market.Independent Reserve CEO … Read more
Australia’s Commonwealth Bank logo is pictured at a branch in Sydney, August 2, 2014. REUTERS/David Gray/File PhotoSYDNEY, Nov 3 (Reuters) – Commonwealth Bank of Australia will become the country’s first to offer retail clients crypto services, Australia’s largest bank said on Wednesday, signalling a change from the sector that had refused to do business with … Read more
A general view showing the Central Business District, in Hong Kong, China, September 15, 2021. REUTERS/Tyrone SiuHONG KONG, Oct 25 (Reuters) – A financial industry group warned on Monday that Hong Kong’s zero-COVID policy and strict quarantine requirements for international travellers threatens to undermine the city’s status as a financial hub.The Asia Securities Industry and … Read more
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more
What is the best thing the cryptocurrency ecosystem could do to ensure its global success? Boost the dominance of stablecoins. Anyone who disagrees is free to debate with Emin Gün Sirer, CEO of Ava Labs, the company behind the succesful Avalanche protocol, who explained to Business Insider that stability must reign in the world of … Read more
Cryptocurrencies face an uncertain and perhaps even tenuous evolution in commercial transactions. Crypto payments, done in the service of B2B, will have a clearer path toward their full potential only when and if corporates and FinTechs give voice to what they want to see from regulators, rather than just waiting for regulators to tell them … Read more
Kingston upon Thames, United Kingdom–(Newsfile Corp. – October 21, 2021) – Burn-X is the latest in a long series of innovative HyperDeflationary tokens intended to excite investors with their unique characteristics. Burn-X is the next revolutionary HyperDeflationary token in the crypto market. Thanks to its lucrative smart contracts and high liquidity, it is presently the … Read more
Pubs, bars, restaurants and hotels would be driven under if the government imposes “plan B” restrictions to curb the rise in Covid-19 cases, the head of the hospitality trade body has warned, amid concern that the industry cannot survive a second lost Christmas.The health secretary, Sajid Javid, said on Wednesday that while new infections could … Read more
NEW DELHI: The number of active job openings in India’s blockchain industry has increased by 50 per cent since last year with 12,000 vacancies, according to Xpheno’s report, an Indian specialist talent solutions company. The annual salary in the crypto industry has shot up to Rs 80 lakhs for crypto experts with 8 to 10 … Read more
Privacy is a complicated topic. Few would argue that privacy is not important. It’s generally more interesting to talk about things that are disputable. So, the limited arguments against privacy actually make it somewhat boring to discuss and easy to take for granted. As Edward Snowden famously said: “Arguing that you don’t care about privacy … Read more
This year, a great crypto cycle has played out with new all-time highs, euphoria and mainstream media paying lip service to the crypto trend du jour. However, the uncomfortable truth for us in the industry is that crypto is no more present in most people’s daily lives than it was in 2017. Four years have … Read more
Image source: Getty Images It could be said that Tether (USDT) has been crypto’s dirty secret for several years. Like other stablecoins, it avoids the volatility of ordinary cryptocurrencies by pegging its value to another commodity — in this case, the U.S. dollar. Crypto traders use stablecoins to move in and out of crypto positions … Read more
The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim BourgWASHINGTON, Oct 15 (Reuters) – The U.S. Treasury on Friday said suspected ransomware payments totaling $590 million were made in the first six months of this year, more than the $416 million reported for the whole of 2020, as Washington put the cryptocurrency … Read more
A woman holds a small bottle labelled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in this illustration taken October 30, 2020. REUTERS/Dado Ruvic/File PhotoWASHINGTON, Sept 21 (Reuters) – Two major U.S. retail industry groups on Tuesday asked the Biden administration for at least 90 days before imposing new rules that will require … Read more